A "low interest" loan shouldn't mean you have very little interest in paying it back!
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    We found 1 SBI Home Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.35% - 8.70% Floating
    ₹2,000 to ₹10,000 + applicable tax
    -
    1-30 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria

    SBI Home Loan is Rated as "Great!" by 980 Users

    Fees & Charges

    Promised Interest Rate

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    You’re probably eligible for an SBI Home Loan if you are

    01
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    SBI Home Loan Minimum Age

    At least 18 years old

     SBI Home Loan Maximum Age

    Less than 70 years old

    SBI Home Loan Eligible Employment Type

    Salaried / Self-employed
    with regular income

    SBI Home Loan Minimum Income

    Earn more than the minimum
    income required


     

    Your SBI Home Loan amount eligibility is based on these factors

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    SBI Home Loan Minimum Salary

    EMI limited to about 50%
    of monthly income

    SBI Home Loan Maximum Loan to property value

    Loan capped @ 80%
    of property value

    SBI Home Loan EMI

    EMIs of other loans lower
    your eligibility


     

    Increase your eligible SBI Home Loan amount by these steps

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    02
    03
    SBI Home Loan Add Spouse as Co-applicant

    Make your spouse a co-applicant,
    and her income will add
    to your eligibility

    SBI Home Loan Maximum Tenure

    Choose longer tenure loan up to 30 years

    SBI Home Loan Add parents as Co-applicant

    Alternatively add your parents


     

    Documentation needed to apply for an SBI Home Loan

    • 1. Signed application form with photograph
    • 2. ID and residence proof
    • 3. Processing fee cheque
    • 4. Last 6 months bank statements
    • 5. Documentation for salaried applicants:
      • Last 3 months salary-slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:
      • Education qualification certificate & proof of business existence
      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

     

    SBI Home Loan Interest RatesUpdated on 23 Aug 2017

    SBI Home Loan Details
    Interest Rate For women - 8.35% to 8.65%
    For General Customers - 8.40% to 8.70%
    Processing Fees 0.35% of Loan Amount, min of Rs.2,000 to max of Rs.10,000 (plus applicable tax)
    Loan Tenure 30 years
    Pre-closure Charges Nil

     

    SBI Home Loan

    State Bank of India provides a range of home loan products to suit the individual needs and preferences of its customers. Various surveys and consumer awards have conferred the title of ‘The most preferred Home Loan Provider’, to SBI. Some of the best features that lend to the popularity of SBI home loans:

    With thousands of branches spread across various geographical locations has made SBI one of the most accessible banks to obtain a loan from.

    Significant Features of SBI Home Loans:

    • Lower interest rates as compared to other contemporary banks
    • Low processing fees
    • No hidden charges or administration fees
    • Nil pre-closure charges making repayment easier and more flexible
    • A huge network of branches across the nation making it convenient to visit a SBI branch
    • Exclusive packages depending upon individual needs of customers
    • Interest is calculated on daily reducing basis which lowers the overall interest paid

    Documents Required Applicable to All Loan Seekers:

    • Duly filled loan application
    • 3 passport-size photographs
    • Identity Proof (Voter ID Card/Passport/Driving License/Pan Card)
    • Proof of Residence (Current Address Proof)
    • Bank Statement for last 6 months
    • Personal assets and liabilities declaration
    • Proof of property
    • Income Tax Proofs (If required)
    • Signature Identification from present banker

    Documents Required for Guarantor:

    • Assets and liabilities Statement
    • 2 passport-size photographs
    • Identity Proof (Voter ID Card/Passport/Driving License/Pan Card)
    • Address Proof (Telephone Bill/Electricity Bill/Property Tax Receipt/Passport/Voter ID Card)
    • Signature Identification from present banker

    SBI Bank Home Loan Interest Rate:

    SBI Home Loan not only offers attractive benefits and terms for its home loan options but the bank also offers low competitive rates on its home loan. As of May 9, 2017, the interest rate for SBI home loan 8.35% to 8.70% applicable till July 31, 2017. The above mentioned rates are irrespective of the loan amount.

    HAMARA GHAR : Home Loan Fixed Interest Rates - 2 Years

    Borrowers Salaried upto Rs. 30 Lakhs Non - Salaried upto Rs. 30 Lakhs
    Women 35 bps after 1 year MCLR, ER: 8.35 50 bps after 1 year MCLR, ER: 8.50
    Others 40 bps after 1 year MCLR, ER: 8.40 55 bps after 1 year MCLR, ER: 8.55

    Home Loan Floating Interest Rates Including CRE HL

    Borrowers Salaried upto Rs. 30 Lakhs Non - Salaried upto Rs. 30 Lakhs
    Women 35 bps after 1 year MCLR, ER: 8.35 50 bps above 1 year MCLR, ER: 8.50
    Others 40 bps after 1 year MCLR, ER: 8.40 55 bps above 1 year MCLR, ER: 8.55
    • The sole applicant or one of the co-applicants for the Home Loan should be a woman. She should also be a co-owner or the sole owner of the property that will be financed by the Bank.
    • Fixed and floating rate loans can be availed for an amount up to Rs.30 lakh.

    Home Loan Interest Rates : Card Rates

    Home Loan Floating Interest Card Rate Including CRE HL:

    Salaried Borrowers < 75 Lakhs > 75 Lakhs
    RG - 1, 2, 3 RG - 4, 5, 6 RG - 1, 2, 3 RG - 4, 5, 6
    Women 50 bps + 1 year MCLR, ER:8.50 60 bps + 1 year MCLR, ER:8.60 65 bps + 1 year MCLR, ER:8.65 75 bps + 1 year MCLR, ER:8.75
    Others 55 bps + 1 year MCLR, ER:8.55 65 bps + 1 year MCLR, ER:8.65 70 bps + 1 year MCLR, ER:8.70 80 bps + 1 year MCLR, ER:8.80
    Non-Salaried Borrowers < 75 Lakhs > 75 Lakhs
    RG - 1, 2, 3 RG - 4, 5, 6 RG - 1, 2, 3 RG - 4, 5, 6
    Women 60 bps + 1 year MCLR, ER:8.60 70 bps + 1 year MCLR, ER:8.70 75 bps + 1 year MCLR, ER:8.75 85 bps + 1 year MCLR, ER:8.85
    Others 65 bps + 1 year MCLR, ER:8.65 75 bps + 1 year MCLR, ER:8.75 80 bps + 1 year MCLR, ER:8.80 90 bps + 1 year MCLR, ER:8.90

    Home Loan Maxgain Floating Interest Card Rate Including CRE HL:

    Salaried Borrowers 20 Lakhs < 75 Lakhs 75 Lakhs < 3 Crores
    RG - 1, 2, 3 RG - 4, 5, 6 RG - 1, 2, 3 RG - 4, 5, 6
    Women 65 bps + 1 year MCLR, ER:8.65 75 bps + 1 year MCLR, ER:8.75 80 bps + 1 year MCLR, ER:8.80 90 bps + 1 year MCLR, ER:8.90
    Others 70 bps + 1 year MCLR, ER:8.70 80 bps + 1 year MCLR, ER:8.80 85 bps + 1 year MCLR, ER:8.85 95 bps + 1 year MCLR, ER:8.95
    Non-Salaried Borrowers 20 Lakhs < 75 Lakhs 75 Lakhs < 3 Crores
    RG - 1, 2, 3 RG - 4, 5, 6 RG - 1, 2, 3 RG - 4, 5, 6
    Women 75 bps + 1 year MCLR, ER:8.75 85 bps + 1 year MCLR, ER:8.85 90 bps + 1 year MCLR, ER:8.90 100 bps + 1 year MCLR, ER:9.00
    Others 80 bps + 1 year MCLR, ER:8.80 90 bps + 1 year MCLR, ER:8.90 95 bps + 1 year MCLR, ER:8.95 105 bps + 1 year MCLR, ER:9.05

    SBI Home Loan Schemes:

    SBI offers a wide range of home loan products to its customers. You can choose the best home loan scheme that suits your budget and requirement. SBI home loans come with exclusive packages and benefits to cater to the home finance needs of all its customers. Following are some of the home loan options available from SBI.

    SBI MaxGain Home Loan:

    The SBI MaxGain home loan aims to enable its customers to reduce their interest burden at no extra cost. This home loan acts as an overdraft account too, giving the customer privilege to withdraw and deposit amounts depending upon their cash availability. Bank provides internet banking and cheque book facility with this home loan. Excess funds when parked with this account impact the overall principal and the associated interest. Also, a customer can choose to withdraw amount from the linked account in case of excess parked funds.

    Features:

    • Min. Loan Amount – 5 lacs
    • Max. Loan Amount – No upper limit
    • Interest Rate – 0.25% over and above the existing home loan interest
    • Higher Liquidity, Savings on total interest paid
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Yuva Home Loan

    The SBI Yuva home loan is tailored especially for individuals who are young and generally taking loan for their first home. The age eligibility is between 21-45 years. This loan grants an amount which is 20% over and above the regular loan amount. This home loan is ideal for fresh professionals and government employees. Under this scheme the home loan full repayment starts only after 36 month from the date of availing the loan. For the first 36 months only interest needs to be repaid.

    Features:

    • Eligibility – 21-45 years
    • Minimum Income – Rs.30,000 per month
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI NRI Home Loan

    As the name itself suggests, the NRI loan is tailored for Non-Resident Indians (NRIs) and for People of Indian Origin (PIOs). This loan is given to an individual who earns a regular income and whose minimum employment period (in India or abroad) is not be less than 2 years.

    Features:

    • Min. Loan Amount – 3 lacs
    • Max. Loan Amount – No upper limit
    • Eligibility – NRI or PIO
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Realty Home Loan

    The SBI Realty home loan is for people who want to buy land or plot. The construction should commence within 2 years from the sanction date of the loan. This type of loan comes with the flexibility of availing another loan for construction purposes on the land bought. So a customer is entitled to avail two simultaneous loans on the SBI realty home loan.

    Features:

    • Max. Loan Amount – 15 crores
    • Loan Tenure – Up to 15 years
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI PAL

    SBI PAL home loan is a Pre-Approved Home Loan from State Bank of India. This loan does not depend upon the property to be bought. SBI grants its customers the freedom to avail the loan amount before deciding upon the property. This gives customers the needed confidence to negotiate boldly with builders/sellers regarding the price of the property.

    Features:

    • Eligibility – Depends on the annual income of the applicant
    • Tenure – Pre-Approved Letter of arrangement is valid for a period of 4 months
    • Min Loan Amount – 10 Lacs
    • Max Loan Amount – No upper limit
    • Pre-closure Charges - Nil
    • Interest Rate – Floating 10.15%

    SBI Her Ghar Home Loan

    SBI Her Ghar home loan scheme designed especially for women applicants. A woman needs to be the sole applicant or the primary applicant for this type of home loan. Also, the property for which home loan is being taken should be in the name of the woman applicant or she should be the primary owner in case it of joint ownership. This home loan scheme by SBI aims at enabling women to own property and carries a social obligation in line with the empowerment of women.

    Features:

    • Loan Tenure – 30 years
    • Interest Rate – 9.40%
    • Pre-Payment Charges – Nil

    More Housing Loans from SBI:

    Apart from the above listed regular home loan schemes by State Bank of India, there are several other options also which aim to uplift people from tribal and village areas of the nation. These schemes are in line with the organization’s commitment towards comprehensive nation building.

    Here are a few such housing schemes offered by SBI-

    SBI Tribal Plus:

    Tribal Plus housing loan from SBI is meant for customers who are from tribal areas or hilly regions where mortgage of property is not available. The loan is provided for construction of a new house or flat and for purchase of a new house. Under this scheme SBI also provides an option of taking loan for the purpose of renovation or repair.

    Features:

    • Min. Amount – nil
    • Max. Amount- 10 lacs
    • Repayment Period – up to 15 years

    GRAM NIWAS:

    The Gram Niwas scheme from State Bank of India is aimed at providing housing finance to the customers from rural regions of the nation. This housing plan covers people from rural or semi-urban regions which have a population of less than 50,000 as per the 2001 census. Under this scheme, home loans can be availed for buying of land or house, renovation and repair of house and construction of house.

    Features:

    • Min. Amount – nil
    • Max. Amount- 5 lacs
    • Repayment Period – up to 15 years

    SAHYOG NIWAS:

    Sahyog Niwas scheme aims to provide home loans to self-help groups which have a good credit history. The bank lends to members of these groups under this scheme for purposes of buying of land or house and construction, repair or renovation.

    Features:

    • Min. Amount – nil
    • Max. Amount- 50,000 per person of the self-help group

    SBI Home Loan FAQ section

    1. How can I decide which SBI home loan fits my requirement?

      BankBazaar gives you the option of comparing home loan schemes and an online EMI calculator to help you plan your finances well in advance before availing a home loan.

    2. What are the various interest rates offered on home loans?

      Interest rates vary with respect to the subscribing customer being a woman or otherwise. In the former case, the rate stands at 9.35% p.a while other customers are charged a interest rate of 9.40% p.a. These rates are irrespective of the actual loan amount.

    3. What is the processing fee charged by SBI for home loans?

      SBI charges a low processing fee for its home loans. Upto 0.35% of the loan amount is charged. The amount can be maximum of Rs.11,500

    4. Can I pay off my SBI home loan earlier than the initial tenure?

      Yes. You can pay off your SBI home loan earlier too, without a pre-payment penalty fee.

    5. Is there any security required for the SBI home loan?

      Usually, the property that is purchased using the loan serves as the security. In some cases it is at bank’s discretion to ask for additional securities like insurance policies, fixed deposits etc.

    6. Is a guarantor required to sign my loan application?

      Yes. A guarantor with all the valid and required documents need to sign your loan application.

    7. What kind of job makes me eligible for SBI home loan?

      You can either be a salaried employee or self-employed for obtaining this loan. However, the only condition is that you should be earning a regular income and should be able to furnish proofs of the same.

    8. Can joint-applications be made for SBI Home Loans?

      Yes. Joint applicants are welcome at SBI.

    9. Are there any tax benefits associated with SBI home loan?

      Yes. Tax rebate under section 80C of the Income Tax Act is applicable.

    10. Are long-term home loans beneficial or short-term loans?

      Long-term loans are beneficial in giving you the option and comfort of lower EMIs , however, short-term loans mean higher EMIs but lesser interest. A borrower can choose the option depending upon his financial status.

    11. How long does it take for my loan to get sanctioned?

      If all the required documents are in place then your SBI home loan can be sanctioned in a few days.

    12. Where can I apply for SBI home loan?

      With a network of over 17000 branches in India, SBI home loans can be applied at any of your nearest bank branch.

    Before you apply for the loan, Check your CIBIL Score for SBI Home Loan

    News About SBI Home Loan

    • State Bank of India's reaction to the 25 BPS cut by RBI

      Following the 25 BPS cut by RBI, State Bank of India confirms that it was on the expected lines. The BPS rate is reviewed on a quarterly basis compared to the MCLR reviews on a monthly basis. The 60% of the home loan borrowers from SBI fall under the MCLR category compared to 40% borrowers in the BPS category. The bank provides home loans under both the categories, however, MCLR is a recently introduced system that has taken the lead for being beneficial for various factors. Reserve Bank of India (RBI) will review the BPS rate by end of August. Considering the fact that both the systems follow a rigid and complication method of calculation which involves various factors, RBI may look into making it easier.

      16th August 2017

    • SBI Realty portal to help home buyers

      SBI has launched a new portal called ‘SBI Reality’ that will help home buyers with the calculation of home loan EMI, house selection, builder comparison, etc. The user can browse through over 3,000 approved projects which are categorized based on locality, type of property, property space, price, etc. The portal will provide helpful information to buyers, sellers, and builders across the nation. The portal will also help the buyers in making an effective buying decision with the help of available factual data present on the portal. Being one of the largest commercial banks in India, SBI can expect to see a large number of users being benefited from this portal.

      21st July 2017

    • SBI cuts down interest rate on home loans again

      State Bank of India or SBI recently announced a deduction in the interest rate on new home loans above Rs.75 lakh. SBI home loans that are more than Rs.75 lakhs are going to be cheaper by 10 base points or 0.1% that will be effective from June 15. The new interest rates will be 8.60%, SBI officials informed. This is the second cut in interest in two months.

      The home loans rates offered by SBI are the lowest in the industry. For new homes, if a buyer takes a loan for up to Rs.30 lakhs, he has to pay the reduced interest rate to 8.35%. "Taking a hint from the recent RBI reduction in risk weightage on home loans. SBI is passing on the benefits to its customers by reducing its interest rates on home loan above Rs.75 lakhs, informed Rajnish Kumar, the managing director for National Banking at SBI.

      19th June 2017

    • SBI offers cheaper home loans for women

      Working women in India can now avail cheaper home loans from this month as the State Bank of India (SBI) is offering interest cuts.

      Home loans above Rs.75 lakh will be made available for women who are employed at 8.55% per annum, this is a cut by around 10 basis points. For others, the usual interest rate on home loan stand at 8.6% per annum.

      SBI had earlier cut down interest rates by almost 25 basis points in April.

      15th June 2017

    • SBI to disburse Rs.5,000 crores under home loan in Kolkata circle

      Having lowered the lending rates by 0.25%, SBI’ Kolkata circle aims to give out loans around Rs.5,000 crore. West Bengal, Sikkim, and the Andaman and Nicobar Islands comprise the Kolkata circle of the public sector lender. The bank disbursed more than Rs.3,000 crores last year and it’s aiming at an additional Rs.2,000 crores for this fiscal year. Chief General Manager of SBI, Partha Pratim Sengupta said that the bank’s market share in these regions is close to 30%. The average home loan amount in these circles is Rs.22 lakhs. The bank also stated that expense ratio and transaction costs too have dropped in FY2017.

      18th May 2017

    • New Home Loan Target for SBI Calcutta Circle

      The State Bank of India Calcutta Circle has set eyes on disbursing home loans amounting to Rs.5,000 crore as a target for the current financial year 2017-18. The bank is hoping that that the reduction in home loan interest rate by 0.25% in the segment of affordable housing will provide the necessary impetus for SBI to reach this target.

      The chief general manager of SBI Calcutta circle, Partha Pratim Sengupta, shared that in the previous financial year SBI distributed a total of Rs.3,125 crore under the segment of home loan, registering a Rs.1,841 crore growth. SBI already has a market share of 30% in home loans at Calcutta Circle and they are targeting a Rs.2,000 crore growth this year in home loans and an additional Rs.300 crore growth in products allied to housing loan.

      Sengupta also added that SBI has formed an alliance with Credai, an association representing the industry of real estate, to offer interest rate concession of 0.35% to consumers.

      The Calcutta Circle consists of West Bengal, Sikkim and the Andaman & Nicobar Islands.

      The bank has set a target to distribute housing loans to 1,500 accounts which come under the ambit of Pradhan Mantri Awas Yojana. The average housing loan size in Calcutta Circle is Rs.22 lakh.

      After the loan rate revision, SBI would now charge 8.35% and 8.40% from women and other borrowers respectively for a loan quantum of up to Rs.30 lakh. And for loan quantum greater than Rs.30 lakh but less than Rs.75 lakh, the effective rate will be 8.50% for women and 8.55% for other borrowers.

      For salaried consumers who saw a rate reduction of 10 basis points, the above-mentioned rates are applicable. For non-salaried consumers the housing loan interest rates have reduced by 20 basis points.

      17th May 2017

    • State Bank of India will boost the affordable home loans in Chennai

      State bank of India has announced lucrative rates of interest with their home loans in the Chennai circle. They are also contemplating about joining hands with BAI (Builders Association of India). In the fourth quarter, of FY 2016-2017, 200 loans were disbursed by the Chennai circle. The ticket size ranged between Rs.22 lakh to Rs.30 lakh.

      According to B Ramesh Babu, State Bank of India’s Chief General Manager, they can achieve more than 200 loan disbursements with the new and attractive rates of interest. State Bank of India was experienced the growing enthusiasm in builders for launching affordable home projects. The dwelling units are between a price range of Ts.10 lakh and Rs.15 lakh. The attractive interest rates being offered by the State Bank of India in the Chennai circle is also expected to increase the growing demand. The bank has already joined hands with CREDAI (Confederation of Real Estate Developers Associations of India) for supporting the growth of affordable home projects.

      16th May 2017

    • Builder’s Association, SBI sign agreement for quick housing loans

      Realtor’s body CREDAI and SBI have signed an agreement that enables the provision of loans at concessional rates to customers and builders for affordable housing projects. CREDAI and SBI have signed an MoU to work together to develop the real estate sector through green housing and affordable housing projects.

      The duration of this agreement is 3 years said the State Bank of India. SBI will be providing 10 basis points concession to all home purchasers and 10-35 basis points to developer members of CREDAI. SBI is an important player in the home loans sector with a market share of 25%. Earlier, CREDAI had announced that 373 affordable housing projects would be launched by its members.

      10th May 2017

    • State Bank of India signs agreement with Builders Association

      CREDAI and SBI have joined hands to offer loans at concessional rates to customers and builders. This is done so that housing projects become affordable. MOU or memorandum of understanding has been signed by CREDAI and SBI for collaborating and working towards the real estate sector’s development. The agreement is valid for a period of three years. As per the managing director of State Bank of India, 10-35 basis points will be given to the developer members of CREDAI and 10 basis points will be given to the home buyers.

      10th May 2017

    • SBI and ICICI reduce Home Loan Interest Rates

      In a recent move SBI has cut its home loan interest rate by 0.15%, bringing the total interest rate from 9.30% down to 9.15%, the public sector bank’s close private sector rival ICICI has also taken note and dropped its interest rates by 0.15% as well, bringing it down from 9.35% to 9.20%. The banks made the rate cuts as a result of repeated requests from regulators to give some of the benefits of interest rate cuts to the borrowers and help boost the economic growth. Since the beginning of 2015 the Reserve Bank of India (RBI) has reduced the repo rate by 175 basis points, but the end consumer only receives a 60 – 90 basis point reduction. Also, due to the high processing fees charged to customers for loans any interest cuts are also considered redundant.

      21st November 2016

       
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  • SBI Home Loan Reviews

    • SBI Home Loan
      "VERY POOR"
      0.5 2.5/5 "Just OK"
      My home loan is from SBI Bank. After the documents were collected. The process took around two months. The executive was not very knowledgeable about the documentation part. They collected documents so many times And every time I checked with them they said it was under progress. The executive who was assigned to my collection was not aware of anything, he said no need of paying any processing fee, later after everything is done when I went to the bank they are asking me to pay the processing fee of 11000 rupees,
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 21, 2017
    • SBI Home Loan
      "Very Good"
      0.5 4.0/5 "Great!"
      The loan amount got disbursed in a day of time from the State bank of India for the home loan. Response is fine one and the customer service is good one for me. Service aspects are really a good one with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 19, 2017
    • SBI Home Loan
      "Needs improvement when it comes to service"
      0.5 5.0/5 "Blown Away!"
      Everything is fine, however they have a very lenghty process I was made to visit the branch for each and every thing. Otherwise I am happy with the customer service however they are not doing good when it comes to overall service
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 18, 2017
    • SBI Home Loan
      "Home loan"
      0.5 5.0/5 "Blown Away!"
      Thankfully SBI has offered this housing loan to me. Being a joint account holder, I am very much happy in taking the housing loan, my income was very less but they some how helped us which is the best part. Special efforts were actually taken by them they suggested stating that they can offer the loan by clubbing wife and husband's income so that we can take the loan easily . I am happy with the rates offered as it was floating . To conclude, I am completely happy with their service.
      Was this review helpful? 0
      , ernakulam
      Reviewed on Aug 16, 2017
    • SBI Home Loan
      "Need an improvement"
      0.5 1.0/5 "Really Bad"
      In the market other banks are providing home loan to a gram panchyat property but SBI is not providing the home loan. My property located in Channanagar at Hyderabad but SBI have rejected my application, their loan norms are very strict and they asking lot of documents with heavy paper works.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 16, 2017
    • SBI Home Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      The Overall process was very good from SBI home loans, The executives are really good and they were updating me the status on time to time. They have disbursed my loan within 2 weeks of time. I am happy with the loan amount . The rate of interest is nominal with SBI. I am satisfied with the SBI service.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 12, 2017
    • SBI Home Loan
      "Good service"
      0.5 4.0/5 "Great!"
      State of India has disbursed my home loan within the promised time. The verification and the documentation process was good with SBI. I got good response from SBI in concern to my home loan application. The rate of interest was nominal with SBI. I am happy taking a home loan with SBI.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 12, 2017
    • SBI Home Loan
      "Hassle free process"
      0.5 5.0/5 "Blown Away!"
      SBI housing loan process is hassle free unlike other banks they dont take much time to process the loan and to top it off there are no hidden charges too. They verify all kinds of documents the lagging part would be too much of documents they dont have a unique format for the documentation and they should try and bring in a standard format.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 10, 2017
    • SBI Home Loan
      "Long Process"
      0.5 4.0/5 "Great!"
      I do have home loan with State bank of India for the past four years. But during the loan process, they took so much of time. Almost it took one month to complete the loan process. But then the process went good and I have no issues with the bank...
      Was this review helpful? 0
      , guntur
      Reviewed on Aug 09, 2017
    • SBI Home Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      My home loan is from State Bank of India. Even though I applied in the month of April. I got the rate of interest of June and the loan letter had Aprils date on it. I got 0.5 lesser on the interest rate. The rate was of 8.65%, it was a max scheme and the processing fees was zero for the initial loan and the top up loan had a fee.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 07, 2017
    • SBI Home Loan
      "Customer friendly Bank"
      0.5 3.0/5 "Satisfactory"
      SBI delayed the loan process, they have committed within one week amount get disburse. But while processing they have taken one and half months to process. SBI have sanctioned the required amount with the interest rate of 8.55% it is reasonable as per the market.
      Was this review helpful? 0
      , jaipur
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Excellent bank"
      0.5 5.0/5 "Blown Away!"
      My home loan is from State Bank of India and it was a very nice experience right through the process. Mr. Kalyan from the bank has been helpful during the process. The rate of interest was of 8.65% on a floating basis and the processing charges was normal too.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      SBI offered me 8.35% of interest for the housing loan, but I was expecting around 8.25%. Hence it would great if they reduce the interest rate, as per the RBI rules guidance. But SBI have sanctioned full amount what I have requested to them its good.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Trusted housing loan"
      0.5 4.0/5 "Great!"
      SBI loan process is good, but customer response is not upto the mark. Rate of interest which SBI provided was good and the charges was nominal. But I didn't get new reversal interest rate after RBI cuts off. But SBI gives benefits to the loan borrower and the builder.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 05, 2017
    • SBI Home Loan
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      I took the housing loan from SBI before five years at the time interest rate was low. I took the home loan of around Rs.20 lakhs for the tenure of 20 years. I done a preclosure without paying any interest and I got the NOC from the bank. It was good experience with them.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 03, 2017
    • SBI Home Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I got the home loan in the year of 2013 with State bank of India. The customer service and the response was good with State Bank . They have disbursed my loan within a month time. The required loan amount has been approved and as per my eligibility they have given the loan amount and I am happy about it. The rate of interest is low when compared with others.
      Was this review helpful? 0
      , nellore
      Reviewed on Aug 03, 2017
    • SBI Home Loan
      "Can be improved"
      0.5 3.0/5 "Satisfactory"
      I did not avail home loan from State bank of India because they are providing the home loan up to twenty five to twenty six lakhs but where in other banks like HDFC they are ready to provide the loan between thirty to fourty lakhs. Hence I availed the loan from HDFC Ltd.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 02, 2017
    • SBI Home Loan
      "Good when it comes to interest rate"
      0.5 3.5/5 "Pretty good"
      Everything went well with the home loan process of State bank of India. I did not face any kind of issues or challenges with the bank during the loan process. But when it comes of other facilities like online, SBI needs to be improved a lot because for everything we need to approach the bank. As far as the rates are concerned it is the best.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 01, 2017
    • SBI Home Loan
      "Easy and quick process"
      0.5 5.0/5 "Blown Away!"
      State Bank of India has offered me a home loan as well. The process to get the loan was not much. The documentation was simple and the disbursement happened on time too. The rate of interest and processing charges was also minimal for me. I had no hassles with the after loan services.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jul 23, 2017
    • SBI Home Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The state bank of India took around 3 months to disburse my home loan. The customer service and the response need quick and fast in future. The required loan amount has been given and I am satisfied. The rate of interest is nominal with SBI. I am happy with the SBI home loan service.
      Was this review helpful? 5
      , surat
      Reviewed on Jul 07, 2017
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